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gallagher in washington, vice president and executive director of msnbc.com. that was general norman swa schwartzkopf you saw on your screen who passed away yesterday. i have a lasting memory of general schwartzkopf who served in the war in vietnam as well as leading gulf storm one. there was a woman from iowa. her name was peg mullen. she wrote a book about the death of her son, michael mullen. the name of the book was "friendly fire." norman schwartzkopf was the battalion commander. he was so approachable to peg mullen, so human in his relations with peg mullen, who sought to find out how her son was killed in vietnam. he died from friendly fire, which, you know obviously meant he was killed within the confines of his own unit by shrapnel from american weapons fired. it was so impressive to read about then a colonel later to become norm an schwartzkopf general "time" magazine's man of the year who was so human. just that clip we just showed right then compared to a lot of military officials who we see on tv. an actual human being would could say i hope i don't make a mistake. things li
of drama in washington. congressional leaders have arrived at white house. they arrived there about an hour ago with three days to go before we go over that proverbial fiscal cliff. they are meeting with the president and the treasury secretary timothy geithner, and they are trying to hash out a deal. but reports that the president has nothing new on the table has ended up spooking wall street in a big way just in the last hour, and as bill said we finished down near the lows of the day, down about 157 points for the dow. settling up right now. down what, about 165 at the very low, bill? >> i think so, yes. >> and the nasdaq finishing down 25 points and the s&p off by 15, a fifth straight day in the red. well, it is the last friday of 2012. it's in the books. check. still no deal in sight and no new offer either on the table from the president as eamon javers told us a little while ago. what now for the markets? we have our guests and our very own rick sell sebak with us. rick, let me get to you, first of all, because you're here on the set. what now for the markets? >> what now for the mar
that because we love gridlock in washington as the republicans right? so he said, if the senate reforms it, the filibuster, we'll block every vote. quote, any bill that reaches the republican-led house based on the senate democrat's heavy handed power play would be dead on arrival. if you thought gridlock was bad before, wait until you get a load of the new gridlock where he would kill every single bill. do you remember what president obama said before the election? i'll remind you don't worry here it comes. my hope, my expectation is that after the election, now that it turns out that the goal beating obama does not make much sense because i'm not running again that we can start getting some cooperation again. hate to do it to you but wrong again, bob. it doesn't look like you're going to get a lot of cooperation. but then the radical wing of the republican party said no the republicans are being too soft and boehner is being too light on the president. his grand bargain proposal the republican counter offer to the extent that it can be interpreted from the hazy details now available is a
there in washington as we wait for the white puff of smoke to come out of the white house, eamon. >> reporter: kind of what feels like here, bill. a lot of energy at the white house, a lot of curiosity surrounding this meeting. what you can't see from here and what i can't show you, unfortunately, is just about 50 yards from here is where you saw speaker boehner walking into the building, and we've got a whole cadre of white house still press photographers up on ladders peering over the hedge trying to get a picture of the leaders as they walk in and just to the left of that crowd is another crowd of reporters all gathered around the stakeout cameras. that's where the leaders could come out and talk to microphones if they wanted to say anything after this meeting. there's a lot of anticipation of whether they will say anything after this meeting, and it's widely seen that this would be a good sign for negotiations if they do come out and talk. a lot of previous white house meetings, they have not come out to say anything afterwards, so all those folks waiting over there might be waiting in vain her
distinguished career in congress advocating on behalf of those voices who were often drowned out in washington by the influence of the moneyed interest. over the last 40 years, congressman stark has been one of the foremost advocates on behalf on efforts to ensure that americans were able to access quality, affordable health insurance. i am honored to have been one of the three principaled co- authors in the house of the historic affordable care act which will provide quality insurance for every single american. the key role mr. stark in drafting that law and made sure that the law provided needed relief for working families. this was a crucial accomplishment, yet it was far from mr. stark's only accomplishment in the field of health care. as a former chair and ranking democrat on the ways and means health subcommittee for many years, he was a leader on the health care reform. he was a lead author of the original cobra insurance bill which ensured that workers faced with losing their jobs would not also immediately lose access to the needed health insurance. and those of us who have gone throu
just need to feel better. cheryl: do something. come back to washington, first and foremost. dennis: a musical about some guy singing about his real feelings. lori: we are looking at the markets. tracy: i would like to see that, but i have not. lori: i have only seen it on broadway. stalks off to a tough start. early numbers point to a tough season. tracy: a nice and shiny fiscal cliff. president obama cut his vacation short. we are tracking where it is headed next. we are expecting negotiations to continue tomorrow. there is talk now that that may not happen. time to head down to the new york stock exchange with nicole petallides. nicole: merry christmas to everybody. the vix, the fear index, has been to the upside. whether or not washington will solve the worries about the so-called fiscal cliff approaching quickly. here is a look at the dow. 13,100 even. most of the dow components are under pressure. hewlett-packard doing well and bank of america in the financial round. it really is being laid upon by the retailers. i no adam shapiro will add on to that. there is a look at some m
: chris joining us from philadelphia, democrats' line with representative rick larsen from washington state. caller: thank you, c-span, for what you provide the american people. i find this whole situation ironic. the fiscal cliff scares me personally -- and i think president obama certainly has shown his willingness to compromise whereas the republicans and tea party do not seem to want to do so. this ideology they are sticking to will ruin our economy and i find it hypocritical because their chief criticism of the president during the presidential campaign was his mismanagement of our economy and they are willing to mismanage our economy down the drain on some principal. it does not seem they care about the american people. they care about the part of the american people, the rich, that is what seems like to me and i am sick of it. i used to be republican and i switched party about, i guess eight or 10 years ago. which has something to do with philadelphia politics as well because you cannot have much say in philadelphia politics unless you are democrat but that is beside the point.
. ♪ >> we begin as president obama and the senate head back to washington set for one last effort to avert the first fiscal cliff. aloha means good-bye for the president as he packs bound for the white house tonight. the president cutting short his vacation leaving michelle and the girls behind as he gets back to work to try to prevent tax increases and spending cuts due to begin next week. there's just one problem. it appears there would be no house republicans to help hammer out a deal. the gop leadership has not yet called their members back to d.c. and will not be in session tomorrow for legislative business. according to one gop aide, they felt it's up to the democrats to act now. so the christmas spirit has not softened actions. but what has softened? customer confidence. in the last week gallup found the drop in the likelihood congress will come to a deal. also holiday spending hit its lowest rate since the 2008 recession. while the president said before he left for hawaii that he said he hoped the holiday would give them a chance to cool off and reach an agreement, it appears repub
. host: that is a shot of the union station in weiss did, d.c. -- in washington, d.c.. we will take a look at politics and the year in foreign policy. we want to hear from you about your political hero. why he or she deserves the honor? your political hero of 2012. you can give us a call this morning. host: you can reach out on social media. you can send us a tweet at twitter.com/cspanwj. we have about 15 comment so far. you can send this e-mail that journal@c-span.org. your political hero for the first 45 minutes. here are some thoughts on facebook and twitter. this is from jonathan espinoza. about 15 comments on facebook already. danny likes bernie sanders. host: just some of the mansion's this morning. entions some of the mansi this morning. you can give us a call. 202-585-3881 for republicans. 202-585-3880 for democrats. 202-585-3882 for independents. also on facebook, facebook.com/cspan. a couple of stories related to the fiscal cliff. from "thew bid frittle bit washington times." this is ron from louisiana. caller: good morning. host: who wish to nominate? -- who would you'll
wash memorial -- at a washington memorial service he is expected to attend the final memorial with the first lady. >>> travel was a real nightmare for a lot of people earlier this week, but not today. good news for those of you heading home for the holidays. david lee miller, david? >> doug, what a difference a couple of days makes. some 5. million americans will be flying this holiday season. you can take a look at laguardia, despite this is one of the busiest travel days of the year things are moving like clockwork. not a single flight has been canceled that we have seen so far or delayed. some of the arrivals are getting here earlier than expected. as you mentioned just a couple days ago there were some 1,000 cancellations. that's when a storm slammed the midwest. now for the most part system wide there are very few problems to report. only 40 cancellations and about 500 delays. this is across the entire united states. we talked to a couple of travelers here at la gay you are de yaw. at laguardia. they always prepare for the worst, but it looks to be a relatively easy trave
washington" john boehner plus plan collapses and the house goes home for christmas. >> it is hard to wrap your mind around it but someone so young in such a peaceful community over such an ardent a bent pin down another massacre and another called for gun-control. >> the fact that this problem is complex can no longer be an excuse for doing nothing. >> handle after the state department report on benghazi, but are they the right ones? >> the security posture of the compound was inadequate for the threat environment, and in fact, grossly inadequate to deal with the attack which took place that night. >> will former republican senator chuck kagel and make it to the pentagon? >> the house did not take up the tax measure today because it did on have sufficient support from our members to pass. house speaker john boehner's statement thursday evening as he stood in print of the republican conference, he recited the serenity prayer. god, grant me the serenity to accept the things which i cannot change and close the house for business until after christmas. there is no place like an empty house fo
't want taxes to go up. but we only run the house, democrats continue to run washington. >> gregg: national correspondent steve centanni joins us live from washington. >> reporter: d.c. may be some shutting down for christmas but the clock hasn't stopped and fiscal cliff is closer than ever. no deal was reached this week to keep taxes from going up. joan boehner pulled plug on the plan "b" and he says it is now up to the president and g.o.p. is continuing to hammer away at president obama. >> this is the year size of our debt surpassed the our economy. a grim milestone if we don't come to grips to w it. the president's plan to raise tax rates ko could still be as far as eye could see. >> reporter: president obama will return after christmas and work on fiscal issues. he believes a comprehensive deal could be reached but he seems to be acknowledging for scaled back plan for cutting taxes on the middle-class. >> even though democrats and republicans are arguing about whether those rates should go up for the wealthiest individuals, all of us, every single one of us agree that tax rat
up with. statements from the founding fathers about our guns. toward washington. -- george washington. try to stop gun sales in this country, you will run into a series of roadblocks. >> australia had a mass killing in the mid-1990s and they passed a severe loss where all existing guns had to be turned in. the government bought them back. after a certain date if they were in your home, you were arrested. they have had a decrease in crime and suicide, which is an interesting development. it seems to me, you either have to go that route, which you cannot in the u.s. -- gun ownership in australia was 5% of households. gallup has shown is 47% here. we have the second amendment and the history back to washington. given that we are a different culture, the kinds of laws that we pass are almost always an effective as a result, because there are 300 million weapons out there today. unless you recall them the way that australia did, and we cannot do that -- you would have a reservoir that would last 100 years. >> you can imagine what would happen. there would be an insurrection. >> you do not
falls in a barrel. let's play "hardball." ♪ >>> good evening. i'm chris matthews in washington. let's start with this. president obama and his republican opponents are about to go over niagra falls in a barrel, but nobody knows for shush how bad it's going to be. will the economy smash on the rocks below? will the stock market plunge a thousand points and keep on dropping? will the world money watchers see the u.s. drowning in its own dysfunction? or will obama and the dead-end opposition it faces be saved by the public's horribly low expectations of what they can do? what will prove stronger for obama and boehner? the barrels they're riding in or the power of niagra falls itself? joining me now is politico's jonathan ryan. how about an answer on that one? what's going to protect these guys more? the low expectations people have about them getting anything done or failing to do what they set out to do. they all set the deadline. they have the -- what do you call it. the stakes are clear, the payroll taxes, income taxes, you name it. they put it all together. and if they blow it, who
said he was come back to washington and jumping on an airplane to review some new proposal from the president that they expected to get. the whole afternoon has been spent by reporters trying -- trying to figure out what was going on. now harry vaed responding to mcconnell so let's right to it. >> he's upset because, quote, the phone never rang. he complains i've not delivered solutions to the fiscal cliff. he's in error. we all know that in july of this year we passed in the senate the relief that would give -- that it would give to middle class americans. that -- that passed the senate. now, we know the republicans have buried themselves in procedural roadblocks in everything we're trying to do out here and now they are saying, well, we can't do the 250 because it wasn't blue slipped, because it will be blue slipped. mr. president, how does the american people retook the that? there was a bill introduced by the ranking member of the ways and means committee in the house, sandy levin, that called for this legislation. the speaker was going to bring it up to kill it, but he coul
in the washington area this morning. because at starbucks, in the washington, d.c., area at each of the starbucks locations, they write on the cups, "come together." it's sort of an impetus to maybe get these bozos in the house and the senate to come together in the fiscal cliff. we're going to be talking about the starbucks effort a little later in the show. good morning, ladies and gentlemen. >> good morning. >> good morning. it's thursday, december 27th. i'm mike barnicle in for joe, mika and willie. joining the table, we have political editor and white house correspondent for the huffington post, sam stein. >> hi. >> applause for sam. "fortune's" assistant managing editor, leigh gallagher. and the president of the council on foreign relations, author of "foreign policy begins at home: the case for putting america's house in order." and in washington, vice president and executive editor of msnbc.com and msnbc political analyst, richard wolffe. a minor round of applause for richard wolffe. >> one hand clapping. >> first of all, can anybody here come up with a synonym -- i don't care what it is
." live in the nation's capital. this is exciting. and you know, i said, let's do a show from washington, d.c., because they get so much stuff done there. it's like silicon valley. and going there when steve jobs was really bringing apple to the forefront -- >> a happening place. >> it is. it's where things happen. that's why we're here, steve rattner. >> washington is the place. with us on set, economic analyst steve rattner. also political editor and white house correspondent for the huffington post, sam stein. andrea mitchell. and in new york, msnbc contributor, mike barnicle. and the co-anchor of "street signs," brian sullivan. we've got a lot to talk about, mike barnicle, but i saw a headline on the front page of "usa today," a tease that is very intriguing, and that is one of the greatest players in major league baseball trying to get his worth right now. and if i were a major league team, i would pass on josh hamilton in a new york second because the guy phoned it in when his team needed him the most. there's an attitude problem. and yet he could be such a huge payoff. are the red
and politico reporters on the role of lobbyists in those negotiations. "washington journal" is next. host: good morning. both parties are reportedly still talking on the phone. as the deadline approaches, we are two weeks before christmas. eric cantor leaving open the possibility of of a post session. let's look of the numbers. the fiscal cliff deadline 22 days away. we want to begin with a look ahead at the second term agenda. in your mind, what did you think should be the number one priority. we will take your calls and comments. you can also join us on facebook and twitter. from the headlines this morning, including this from the washington post. there is also this story from "the huffington post." aspirations' including closing the educational achievement gap. the lofty goals may have to wait as lawmakers and the president toppled a number of issues that cannot wait. let's go back to the inauguration from generic 20, 2009, a few hundred feet from where we are at as he addressed the nation. he will do so again january next year. this is what he said nearly four years ago. [video
at 9:15, more about the role of social security. ♪ host: good morning. welcome to "washington journal" on this wednesday, december 12, 2012. negotiations continue over the so-called looming fiscal cliff. yesterday president obama and john boehner spoke by phone. washington post reported however that they are still working on a deal and nothing is locked down yet. we will talk more about the fiscal cliff this morning on "the washington journal." what tax deductions would you give up as part of a solution to the deficit problems? here are the numbers to call. for republicans, 202-585-3881. for democrats, 202-585-3880. for independents, 202-585-3882. you can also find us online. send us a tweet, twitter.com/c- spanwj. find a son facebook and weigh in there. at journal@c- span.org. "the christian science monitor," asked what we would be willing to give up. "americans would be willing to give up the tax deduction for charitable giving over other popular tax breaks." host: let's take a look at the results of this poll. 25% said that they would be willing to give up the charitable giving tax
understanding. yeah, right. not in washington. >> i won't play that game. >> we can't negotiate with ourselves. >> it is me. >> number three, bob costas. did he cross the line? number five, the most outrageous royal prank ever. >> hello there. could i please speak to kate please, my granddaughter? >> this is piers morgan tonight. good evening. our big story tonight from what every one is talking about. washington's high-stakes game of "let's make a deal," to the royal prank called heard around the world. to bob costas talking about guns. and this shocking new york subway photograph. reports of chemical weapons in syria. let's get started with what promises to be a lively discussion. abbe huntsman, and a host of huff posts live. and welcome to you all. let's start with guns and the fallout of the murder and suicide of jovan bellcher and his girlfriend. bob costas of nbc spoke out about this. let's watch what he said tonight. >> i believe that there should be more comprehensive and effective controls on the sale of guns. roughly 40% of the guns purchased in this country do not require a backgrou
" tonight, the magic number after a whole week of harsh words here in washington and threats too, did house speaker john boehner hint ever so slightly at a compromise today that could finally edge us away from the dreaded fiscal cliff? it comes down to tax rates. this is a huge sticking point in the stalled negotiations between the president and mr. boehner. obama says the top rate on household income above $250,000 should rise from 35% to 39.6%. boehner wants the rate to stay at 35% or even lower. but what about meeting in the middle? around 37%? listen carefully to the speaker when he was asked today whether that rate could be the answer to this impasse. >> there are a lot of things that are possible. to put the revenue the president seeks on the table. but none of it's going to be possible if the president insists on his position. insists on my way or the highway. >> you hear what he said? a lot of things are possible. that may not sound like much where you're from, but here in washington, it sounds suspiciously like code for we're making progress. more evidence boehner's democratic coun
in washington. while the fed is making a tidy out.it on a controversial about to send that and more out the door. to pump up the economy. >> the financial crisis has a tidy profit for taxpayers. they sold the last remaining shares of insurance giant a.zig today. the company nearly collapsed in 2008 after making risky financial bet. the treasury and the federal reserve came to the rescue, taking it over and backing it with $182 billion. avenue self-ing off the last shares treasury reported $5 billion profit on the bail-out. the federal reserve made $17.7 billion. but the fed won't be parking its cash. it's holding a two-day policy meeting and it is expected to announce tomorrow it will continue to keep interest rates low. but it wants to get them especially lower. for mortgages, car loan and business loan. it is expected to expand one of the major stimulus programs known as quantitative easing. it will buy more treasury bonds from banks and investors for cash. extra $40 billion or so a month. the fed hopes it will create more jobs. >> even though unemployment ticked down there is a reserve of peo
and forth there are signing of a compromise. steve centanni is live in washington. are the two sides any closer together? >> reporter: there are two important signs today. speaker, house speaker john boehner met with president obama at the. we don't know how long they met or exactly what they talked about, but the white house says lines of communication are open and face-to-face meeting is on important. at the same time republicans say they will accept the demands for higher taxes on the wealthy if it goes along with spending cuts entitlements like medicare and social security. listen.... >> a lot of people are putting forth a theory. i think it has merit where you give the president 2% increase he is talking about on the top 2 percent. i am beginning to believe that is the best route for us to take. >> reporter: many other republicans, of course, standing firm against any tax increase. they could give the speaker a hard time if he tries to pass the kind of legislation corker was talking about there. >> and how are the democrats reacting to accept the higher tax rates? >> reporter: they
doocy is live in our washington newsroom with more on that. so what is the state department's explanation, peter? >> reporter: jon, last week on december 19th the state department spokeswoman, victoria knew land put out a statement said in plain english their accountability review board that looked to what happened in benghazi on september 11th had flagged the performance of four officials. this is a quote. the secretary has accepted eric bosswell's decision to resign assistant secretary for diplomatic security effective immediately. the other three individuals have been relieved of their current duties. all four individuals have been placed on administrative leave pending further action. but, the "new york post" is now reporting that eric bosswell has not resigned and all four of those stated department employees are still on the state department's payroll. >> just shifted the deck chairs and they want to make the american people believe that the state department has held people accountable for their lack of security and sending help to four brave americans. this is incredi
sent to washington have to do their jobs. the housing market is healing, but that could stall if folks are seeing smaller paychecks. unemployment rate is lowest it has been in 2008, but already families and businesses are starting to hold back because of the disfunction they see in washington. you meet your deadlines. you meet your responsibilities every single day. the folks you sent here to serve should do the same thing. we cannot let washington politics get in the way of america's progress. we've got to do what it takes to protect the middle class, protected economy, and move the country forward. thanks, everybody. >> i am senator roy blunt from missouri. as we bring 2012 to a close, leaders in washington have an opportunity to kick off the new year by working together to solve some of the big challenges facing our country today. at a time when our federal debts top a record $16 trillion, , the senate majority leaders refuse to bring an appropriation bills to the floor this entire year. when you fail to plan, you plan to fail. that is exactly what they have been doing. meanwhile, s
in washington. it ended with the reelection of barack obama. if you could think of adjectives, what would they be to describe these seven years? >> interesting. challenging. sometimes totally frustrating. full of opportunities for the country. there were good times during these 12 years, laced together with some that were not so good. 9/11. the anthrax scare. there were also positive things. the election of barack obama i thought was a very positive statement for the country and moving forward in a way out of a fiscal of this. abyss.thi i could not have imagined a better time to have been here with all of the things that have happened. >> let me ask you to look back over those 12 years and ask what the high point was. >> when we could work together. maybe the single event that would and body that is the gang of 14. john mccain and i put together six other democrats and six other republicans to avoid what was then called the nuclear option, changing the rules, turning the senate into a smaller version of the house, where the rights of the minority caucus are ignored. consequently, we were
lawsuits. >> joey, thank you so much. >> on the case here. >> pleasure, brooke. >> now to washington and wolf blitzer and "the situation room." wolf. >> >>> brooke, thanks very much. happening now, we're hearing from members of a virginia family that play host to a very unusual house guest today, the president of the united states. a hero of the tea party movement shocks washington by announcing he's about to leave the united states senate. senator jim demint joins us live this hour. we'll talk about his decision and new job. and syria's civil war is in a very dangerous perhaps decisive tipping point right now. can the world prevent bashar al assad from using chemical weapons against his own people? i'm wolf blitzer. you're in "the situation room." >>> we begin with president obama taking his battle to extend tax cuts for the middle class into the heart of the middle class suburb today. he visited a family just outside washington, d.c., using their story to dramatize what will happen in just 26 days if he and congress can't make a deal on the so-called fiscal cliff. a source of great
. up until then more from this morning's "washington journal" focus on domestic program cuts. >> host: domestic spending cuts is on the table for the fiscal cliff talks. two different perspectives for you here. isabel sawhill, brookings institution. brookings center on children and families. james capretta ethics and public policy center and visiting scholar at aei. let me begin with you. are these potential domestic cuts under sequestration devastating or manageable? >> guest: somewhere in between. not a good idea. they would be very deep cuts, you know, an 8% cut across the board is a very significant one-time cut for any program to sustain in immediate year period. so they're not a good idea. would it be the end of the world, no? >> host: what do you mean by that? >> guest: well, i mean there would be downsizing of a lot of services across the government in terms of the domestic accounts. so it would be fewer services being provided. there would be reduced federal employees. some grant programs would take a haircut of five, 10%. so there would be downsizing of the services provided
labor unions. >>> here in washington, republicans turn the tables on president obama. we're going to tell you what specific information they are now demanding. >>> and who was she? you're going to find out why a century's old mystery may be closer to a solution. i'm wolf blitzer. you're in "the situation room." we begin with today's dramatic defeat for union workers in the industrial's heartland. this was the scene as republicans pushed through right to work bills saying that they don't have to pay union dues in in order to get a job. on lookers chanted, shame on you after the vote. this is a watershed moment because michigan is the same as countless union struggles, including this 1932 march where five people died and dozens were injured when unemployed workers were attacked by police and ford motor company security guards. after decades of gains, fewer than 12% of u.s. workers now belong to unions. in michigan, it's fewer than 18%. cnn's poppy harlow is at the state capital in lansing. how did it go? >> reporter: are an historic day in michigan. a state at the heart of organized
ideas. >> the house will stand in the chair. >> this week on "inside washington," john boehner's plan b collapses and the house goes home for christmas. >> it is hard to get your mind around said that someone so young could leave us, and such a peaceful community, such an horrific event. >> another massacre and another called for gun-control. >> the fact of this problem is complex can no longer be an excuse for doing nothing. >> hands brawl after the state department report on benghazi, but are they the right hands? >> the compound was inadequate for the threat environment in benghazi, and in fact, grossly inadequate to deal with the attacks that took place that night. >> will former republican senator chuck hagel make it to the pentagon? >> the house did not take up the tax measure today because it did not have sufficient support from our members to pass. house speaker john boehner's statement on thursday evening as he stood in front of the house republican conference on thursday night, he recited the serenity prayer. god, grant me the serenity to accept the things that i cannot change
in washington and we go off the fiscal cliff? what happens to medicare? what happens to the beneficiaries? >> well, we're going to have a very big whack at the system. the important point is it's not going to be strategic. that's not a very good thing. it's not just medicare benef beneficiaries. in the sequestration, lots of other programs get hit. so you've got to be very careful, here, plus the republicans constantly say we don't want to become like greece. what's driving off the fiscal cliff look like? it makes us look completely irresponsible as if we can't control our own spending and put in order some priorities. >> so some health care will be suffering? >> that's absolutely true. we want to incentive doctors ask hospitals to keep people well. not to just do procedures. and that's the key to really transforming medicare. >> i want to show you a map of the states that are refusing to implement the insurance exchanges. it's rather interesting. the other states are either implementing the exchanges or haven't decided to do that. if states don't decide to do it and the federal governmen
morning show the only progressive morning show anywhere on cable television. here in washington, d.c., big night at the concernedkennedy center last year as the kennedy eye wards were awarded to dustin hoffman and talk show host david letterman. there was one sole protester out in front of the kennedy center jay leno. he had a big sign saying what about me? why dave? what about me? we will tell you more about the kennedy center honors and a lot more. let's get the latest. today's current day's update lease a ferguson standing buy in los angeles. hey, good monday morning, lease a. >> hey, bill. good morning, everyone. happy monday. hope y'all had a good weekend. the president gets to take a little bit of a break from the fiscal cliff today. he got that around 11 eastern last night after hosting reception for the ken see center awardees. it celebrates talent in art and music. the recipients included david letterman, dustin hoffman and the surviving members of led zeppelin. the president is the addressing defense issues nationally and globally. he tol
negotiations between capitol hill and the white house. from today's washington journal, this is about an hour. fiscal cliff. joining us here is stan collender and douglas holtz- eaken. what is happening? what are the two talking about. guest: the nature of the tax increases, how much, and on the other side, what kind of entitlement reforms as the president willing to offer? that has been going back and forth for quite awhile now. there are talking about the same basic issues. host: one of the shore signs of action in washington, we have heard there is a possibility that they could come back after christmas. guest: i have been telling clients since september we were going over the cliff. i was not sure there was a sign it or coming back before christmas. this last-minute deal of some time, it could easily be approved -- the house and senate do not need to be here for this because it will not be the big, big deal. this is not the grand compromise they are talking about here there is not enough support to do the technical things. this could be a simple package they do at the last minute. host: e
last night at the christmas in washington event. december 21st, diana ross. that's it for us. thanks for watching. "erin burnett out front" starts right now. >> out front next, president obama in michigan today, selling americans on his plan for taxes. we're 22 days away from the cliff. does the plan add up? >> and a daring rescue in afghanistan claimed the life of an american navy s.e.a.l. as we prepare to go to afghanistan, we take a closer look at the american troop presence and how many americans will stay. >>> and offfield violence leads to the death of two nfl players. why the violence on the field, though, is a much more important issue. let's go "out front." >> good evening, everyone. i'm erin burnett. "outfront" tonight, cliff, slope, grand canyon. i don't know, martian cave, jupiter like storm. is the fiscal cliff really a fiscal slope. a downward spiral to something much worse. the possibility of going off the cliff is just 22 days away, and it sounds pretty ominous, but it could be a walk in the part compared with what could happen if lawmakers don't take a closer look at
absolutely right. what happens if we settle on what washington thinks is a big win? let's call it $3 trillion. >> i think $3 trillion, $4 trillion will be a sufficient number, erin, to sort of calm investment markets and to produce a real economy that is growth positive as opposed to growth negative. you know, the real problem going forward is, you know, we are going over the cliff no matter what and depends on whether we go over like will e. coyote or road run we are a parachute. that's the road runner with a ra pa ra chute and there's more taxes to raise and entitlements to cut over the ensuing years. >> that's i guess the problem. i prefer to be roadrunner with a ra pa parachute. how can washington do the deal that prevent it is country from -- to give a sense of the outcomes, could be borrowing costs skyrocket. the costs are very serious in the long term. right? >> i think they are. it involves what's known as fiscal drag to economists. basically when you raise taxes and lower entitlements, lower federal spending, that reduces economic growth and it will. it just depend on how slowly or h
to boehner's brand. a new "washington post"/abc poll showing voters overwhelmingly disapprove of boehner's handling of the fiscal talks. it's an even split on the president. who is still sticking to his guns, urging the gop to pass tax cuts for the middle class by christmas? >> taxes are going to go up one way or the other. i think the key is to make sure that taxes go up on high end individuals like you and me. we can afford it. it is entirely possible for us to come up with a deal but time is running short. >> right to work is wrong! >>> our other story developing in michigan today, where labor unions are considering a large scale counter offensive. the home of the uaw is now the first blue right to work state after a pair of bills were signed into law by governor rick snyder who appeared on msnbc's "morning joe" today. >> i believe this is pro-worker. because the way i view it is workers now have freedom to choose. this does not deal with organizing at all. this does not deal with collective bargaining at all. this has nothing to do with the relationship between an employer and a unio
falling as concern mounts that washington will fail to get a budget deal. the dow jones industrial average lost 158 points today, to close at 12,938. the nasdaq fell 25 points to close at 2,960. for the week, both the dow and the nasdaq fell 2%. sectarian tensions flared across iraq today as tens of thousands of sunnis staged mass protests against the shi-ite-led government. there were rallies in fallujah and ramadi, where protests already had erupted earlier this week. today, mosul, tikrit and samarra had demonstrations as well. protesters took to the streets waving flags and signs. they chanted slogans demanding fair treatment from the baghdad regime, and the release of sunni prisoners. shi-ite prime minister nouri al-maliki said the demonstrations were not acceptable. the government of china imposed tighter controls on internet usage today. now, china's 500 million web users will have to provide their real names when they register for internet service. and providers must delete any web content deemed illegal, and report it to authorities. leading writers and bloggers insisted it's a ne
, a reporter described where we are right now as a situation of washington post own making. -- washington's own making. how did we get where we are right now? >> on the revenue side, you go back to the bush years. when they passed the bush tax cuts, for various procedural reasons, they wanted to shoehorn as much tax-cutting as they could into a 10-year period. because of the rules, they really went overboard, did much more in the way of tax cutting and we could afford. it was very apparent at the time that they did it. they sun-setted it all after 10 years. the same is true with the so- called sequester. across-the-board cuts of $1.20 trillion, focused on domestic spending, was put in place to try to provide leverage to the special committee that if it did not reach agreement, the sequester would drop and do something that nobody favors, an across-the-board cut. no distinctions, no prioritize nation. just to cut across the board. -- prioritization. just to cut across the board. >> going back to the bush years, what is congress's role in this? >> i vigorously and energetically opposed it. i said
is live in washington. >> good morning, gretchen and everybody. washington is shut down for the christmas holiday . when everybody does come back to town, the ball will be in the democrat's court because speaker boehner was unable to bring his on board. for the plan b. >> onous is on senator reid and the president to come up with a solution and present it to the house and get back to the bargaining table. >> now the president has insisted on a tax hike for the healthy but wants that at $250,000 or $400,000 and not one mill yen and even though the president scaled back his expectations for what can be accomplished some democrats said a grand bargain shouldn't be that hard to reach. >> we ought to take peeker boehner and the president's last offer and split the difference and it would be a package 2.6 trillion can couple that with 1.1 trillion and that would be close to four trillion needed to stabilize the debt and bring it down. >> the president and members was congress will return to washington wednesday or thursday and try to hammer out a deal. most likely a short-term deal to get us pa
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